Jones
Author
Existing law generally regulates life and disability insurance policies, and requires the Insurance Commissioner to disapprove any disability policy for issuance or delivery in this state in specified circumstances. This bill would provide that if a policy, contract, certificate, or agreement offered, issued, delivered, or renewed, whether or not in California, that provides or funds life insurance or disability insurance coverage for any California resident contains a provision that reserves discretionary authority to the insurer, or an agent of the insurer, to determine eligibility for benefits or coverage, to interpret the terms of the policy, contract, certificate, or agreement, or to provide standards of interpretation or review that are inconsistent with the laws of this state, that provision would be void and unenforceable. The bill would define the term "discretionary authority" for these purposes. The bill would also require the commissioner to disapprove any disability policy that contains a provision of this type.
Vetoed by Governor.
Enrolled and to the Governor at 3 p.m.
Senate amendments concurred in. To enrollment. (Ayes 64. Noes 11. Page 6631.)
Assembly Rule 77 suspended. (Page 6558.)
Passed on file.
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 25 pursuant to Assembly Rule 77.
Read third time, passed, and to Assembly. (Ayes 23. Noes 12. Page 4768.)
Read second time and amended. Ordered to third reading.
From committee: Amend, and do pass as amended. (Ayes 6. Noes 3.) (August 2).
From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 10. Noes 0.) (June 30).
Read second time and amended. Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time, passed, and to Senate. (Ayes 48. Noes 28. Page 5403.)
Read second time. To third reading.
From committee: Do pass. (Ayes 12. Noes 5.) (May 28).
In committee: Set, first hearing. Referred to APPR. suspense file.
Read second time and amended.
From committee: Amend, do pass as amended, and re-refer to Com. on APPR. (Ayes 8. Noes 4.) (April 7).
From committee chair, with author's amendments: Amend, and re-refer to Com. on INS. Read second time and amended.
(Corrected April 5.)
From printer. May be heard in committee March 18.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1868 | HTML |
| 02/12/10 - Introduced | |
| 04/05/10 - Amended Assembly | |
| 04/13/10 - Amended Assembly | |
| 07/15/10 - Amended Senate | |
| 08/10/10 - Amended Senate | |
| 08/31/10 - Enrolled |
| Document | Format |
|---|---|
| No related documents. |
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